UNIFI insider updates holdings after RSU tax withholding event
Rhea-AI Filing Summary
UNIFI, Inc. filed a Form 4 reporting a routine equity transaction by an executive vice president. On 11/21/2025, 469 shares of UNIFI common stock were withheld at a price of $3.13 per share to cover the officer's tax obligations related to the vesting of previously granted restricted stock units. After this withholding, the reporting person beneficially owns 70,266 shares of UNIFI common stock directly. The withheld shares relate to restricted stock units that were granted on November 21, 2022.
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FAQ
What insider transaction did UNIFI (UFI) report on this Form 4?
The filing reports that an executive vice president had 469 shares of UNIFI common stock withheld on 11/21/2025 to satisfy tax withholding obligations tied to the vesting of restricted stock units.
At what price were the UNIFI (UFI) shares withheld for tax purposes?
The 469 withheld shares of UNIFI common stock were valued at $3.13 per share for the tax withholding transaction reported.
How many UNIFI (UFI) shares does the reporting person own after this transaction?
Following the reported tax withholding transaction, the executive vice president beneficially owns 70,266 shares of UNIFI common stock, held directly.
What is the reason for the share withholding reported for UNIFI (UFI)?
The 469 shares were withheld to satisfy the reporting person's tax withholding obligations upon receipt of UNIFI common stock from vesting restricted stock units that were granted on November 21, 2022.
Is this UNIFI (UFI) Form 4 transaction a sale on the open market?
No. The filing describes shares being withheld by the issuer to cover taxes upon RSU vesting, rather than an open-market sale initiated by the executive.
What role does the reporting person hold at UNIFI (UFI)?
The reporting person is identified as an officer of UNIFI, serving in the role of Executive Vice President (EVP).